The government has shifted gear, now dismissing criticism with two magical words, ‘I Reject’
Less than a week ago, Finance Minister Heng Swee Keat addressed widespread criticism that complacency has set in, leading to lapse after lapse by government agencies. “I reject the suggestion by some that the political leadership has allowed the whole system to go slack,” he said. His ‘rejection” was headlined by...
The positive aspects of tariff
Most people look at tariffs as something bad. It impedes free trade which helps to bring down the cost of production and the prices of goods. The advocates of free trade ignore the important aspects of tariffs. a) It is a way to bring tax revenue to the government to fund its operations. The alternative of relying on income...
Heng should spend more time improving the state of governance than to defend the incompetency of his colleagues
In a Straits Times article on 9th Feb 2019, Finance Minister and PM-designate Heng Swee Keat wrote: "Singapore Govt has not gone slack". This seems to be a standard rebuttal to any criticism levelled at the PAP government, more specifically from the Zaobao Editorial dated 1st Feb. In the corporate sector, management gurus do...
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